The following words or terms as used in this chapter shall have the following meanings unless a different meaning clearly appears from the context:
I. “Chapter” means this New Hampshire municipal bond bank law.

Terms Used In New Hampshire Revised Statutes 35-A:3

  • Bank: means the New Hampshire municipal bond bank created and established by N. See New Hampshire Revised Statutes 35-A:3
  • Bonds: means bonds of the bank issued pursuant to this chapter. See New Hampshire Revised Statutes 35-A:3
  • Chapter: means this New Hampshire municipal bond bank law. See New Hampshire Revised Statutes 35-A:3
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • following: when used by way of reference to any section of these laws, shall mean the section next preceding or following that in which such reference is made, unless some other is expressly designated. See New Hampshire Revised Statutes 21:13
  • Governmental unit: means any county, city, town, school district, village district or other body corporate and politic having the power either to levy taxes, or to provide for rates, charges, or assessments, whether established by general law or by special statute. See New Hampshire Revised Statutes 35-A:3
  • Municipal bond: means a bond or note or evidence of debt issued by a governmental unit and payable from either taxes, or from rates, charges or assessment, but shall not include any bond or note or evidence of debt issued by any other state or any public body or municipal corporation thereof. See New Hampshire Revised Statutes 35-A:3
  • Notes: means any notes of the bank issued pursuant to this chapter. See New Hampshire Revised Statutes 35-A:3
  • state: when applied to different parts of the United States, may extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall include said district and territories. See New Hampshire Revised Statutes 21:4
  • Statute: A law passed by a legislature.

II. “Bank” means the New Hampshire municipal bond bank created and established by N.H. Rev. Stat. § 35-A:4.
III. “Bonds” means bonds of the bank issued pursuant to this chapter.
IV. “Fully marketable form” means a municipal security duly executed and accompanied by an approving legal opinion of a bond counsel of recognized standing in the field of municipal law whose opinions have been and are accepted by purchasers of like municipal bonds, provided that the municipal security so executed need not be printed or lithographed nor be in more than one denomination.
V. “General fund” means the fund created or established as provided in N.H. Rev. Stat. § 35-A:13.
VI. “Governmental unit” means any county, city, town, school district, village district or other body corporate and politic having the power either to levy taxes, or to provide for rates, charges, or assessments, whether established by general law or by special statute.
VII. “Municipal bond” means a bond or note or evidence of debt issued by a governmental unit and payable from either taxes, or from rates, charges or assessment, but shall not include any bond or note or evidence of debt issued by any other state or any public body or municipal corporation thereof.
VIII. “Notes” means any notes of the bank issued pursuant to this chapter.
IX. “Reserve fund” means any of the New Hampshire municipal bond bank reserve funds created or established as provided in N.H. Rev. Stat. § 35-A:11.
X. “Revenues” means all fees, charges, moneys, profits, payments of principal of or interest on municipal bonds and other investments, gifts, grants, contributions, appropriations and all other income derived or to be derived by the bank under this chapter.